Generational Income Gaps (kids are screwed)
21 Mar 2012The FT takes an insightful look at British household disposable income by generation – examining the long held belief that each generation is better off than the previous one. That notion has been true – until the most recent one. I think putting age on the x-axis was brilliant. Anyone want to generate this for the USA?
note: some FT features require a subscription to view.
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3 Responses to Generational Income Gaps (kids are screwed)
Blaque Mackintosh
March 22nd, 2012 at 4:42 pm
I think that the word “screwed” in the title of this post is, pardon the word pay, skewed. The conclusion of this chart is that those born between 1985-94 have a disposable income that is only as great as the generation that preceded them. Tied for first place is hard to see as “screwed.”
Ryan
March 26th, 2012 at 11:24 am
This seems off to me. I’m 33 and my mom is 60 and we supposedly have the same disposable income?! Both my parents have way more money that I do and most of my friends are similar. In fact, scraping-bye while your baby-boomer parents get another raise and a new car seems to be the norm for my generation.
I’m guessing there is some factor such as student loan debt in the Americas that’s perhaps not reflected here?
RJB
January 5th, 2013 at 11:39 pm
Inflation.